Period of Option and Limitations on Right to Exercise. The Option will, to the extent not previously exercised, lapse under the earliest of the following circumstances; provided, however, that the Committee may, prior to the lapse of the Option under the circumstances described in paragraph below, provide in writing that the Option will extend until a later date:
Period of Option and Limitations on Right to Exercise. The Nonqualified Stock Option granted hereby will, to the extent not previously exercised, lapse at 5:00 p.m., Central Time, on the day immediately prior to the fifth anniversary of the date of grant (the "Expiration Date") unless sooner terminated in whole or in part as follows:
Period of Option and Limitations on Right to Exercise. The option granted hereby will, to the extent not previously exercised, expire on the date ten (10) years after the date of grant of the option (the "Expiration Date"), unless sooner terminated in whole or in part as follows:
Period of Option and Limitations on Right to Exercise. A Non-Qualified Stock Option shall not be exercisable more than fifteen (15) years after the date it is granted (the “Expiration Date”). An Incentive Stock Option shall not be exercisable more than ten (10) years after the date it is granted. The Option will, to the extent not previously exercised, lapse under the earliest of the following circumstances:
Period of Option and Limitations on Right to Exercise. The Option, to the extent not previously exercised, and whether vested or unvested, will lapse and be forfeited upon the earliest to occur of the following:
Period of Option and Limitations on Right to Exercise. The Option shall ----------------------------------------------------- expire at 5:00 p.m., Dallas Time, on May 15, 2006 ("Expiration Date"), unless sooner terminated after the date of the Optionee's termination of employment with the Company by reason of Disability or death as set forth herein.
Period of Option and Limitations on Right to Exercise. The term of the Options will be for a period of ten years, expiring at 5:00 p.m., Pacific Time, on the tenth anniversary of the Grant Date (the “Expiration Date”). To the extent not previously exercised, the Options will lapse prior to the Expiration Date upon the earliest to occur of the following circumstances:
Period of Option and Limitations on Right to Exercise. This Option will, to the extent not previously exercised, lapse at 5:00 p.m., Eastern Time, on the day immediately prior to the tenth anniversary of the date of grant (the "Expiration Date").
Period of Option and Limitations on Right to Exercise. You may not exercise your option before the commencement of its term or after its term expires. The term of your option commences on the Date of Grant and expires at 5:00 P.M., Pacific Time, on the day immediately prior to the tenth anniversary of the Date of Grant, subject to earlier termination as provided in the Plan in the event of termination of your Service for 'Cause' (as defined in the Original Employment Agreement); provided, that in the event of the termination of your employment (1) by the Company without 'Cause' or by reason of your "Disability' (as defined in the Original Employment Agreement), (2) upon your resignation with 'Good Reason' (as defined in the Original Employment Agreement) or (3) due to your death or by the Company by reason of your "Disability" as defined in the Original Employment Agreement, your option shall remain exercisable thereafter for its full term."
Period of Option and Limitations on Right to Exercise. The Option will, to the extent not previously exercised, lapse under the earliest of the following circumstances; provided, however, that the Committee may, prior to the lapse of the Option under the circumstances described in subsections (b), (c) and (d) below, provide in writing that the Option will extend until a later date: a) The Option shall lapse as of 5:00 p.m., Eastern Time, on the day immediately prior to the tenth anniversary of the date of grant (the "Expiration Date"). b) The Option shall lapse three months after the termination of Optionee's employment for any reason other than the Optionee's death or Disability; provided, however, that if the Optionee's employment is terminated by the Corporation for cause or by the Optionee without reason and without the consent of the Corporation, the Option shall lapse immediately. c) If the Optionee's employment terminates by reason of Disability, the Option shall lapse one year after the date of the Optionee's termination of employment. d) If the Optionee dies while employed, or during the three-month period described in subsection (b) above or during the one-year period described in subsection (c) above and before the Option otherwise lapses, the Option shall lapse one year after the date of the Optionee's death. Upon the Optionee's death, the Option may be exercised by the Optionee's beneficiary. If the Optionee or his beneficiary exercises an Option after termination of employment, the Option may be exercised only with respect to the shares that were otherwise vested on the Optionee’s termination of employment including vesting by acceleration by the Corporation’s Stock Option Committee in accordance with Article 13 of the provisions of the Plan .
